May 15, 2013.
Thanks to the sale of the leather factory in Ruma to the "Kering Group", the best known global brands when it comes to the fashion industry, will soon use the final products made of bovine leather, manufactured in the popular factory "Kožara", from Ruma.
Today, the Minister of Finance and Economy Mladjan Dinkić has signed the contract on incentives on direct investments for this company with the executive manager of the "Kering Group" Jean Francois Pal, who plans to invest six million euros in Ruma . "Kering Group" will restore production of luxury leather accessories brands, and for each newly employed person, the Serbian government, , is determined to subsidy 8,000 euros, through the program of financial support.
The investor "Kering Group" is a world leader in the field of clothing and fashion accessories, developed by a group of strong luxury, sports and lifestyle brands : Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, JeanRichard, Qeelin, Puma, Volcom, Cobra, Electric and Tretorn.
"Kering Group" bought the property from the Leather Factory in Ruma and established a joint venture company called "Luxury tannery" , which holds the majority stake, in order to be able to continue with its activities related to leather manufacture,
"Luxury tannery " will employ 120 workers, i.e. all workers who are already working there (currently 115 people are employed).
Minister of Finance and Economy Mladjan Dinkić said that that investment was equal to the arrival of Fiat in Kragujevac.